WAKOOS CENTRE4CHILDREN LTD

Registered charity 1137968 · accounts filings on the Charity Commission register

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Latest income
£1.2m
Latest spending
£1.2m
Registered
2010
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £42,459 for the year ended 31 March 2025, driven by increased salary costs and inflation. Despite the deficit, the trustees report that unrestricted reserves stand at £214,144, which they consider sufficient to cover at least two months of outgoings.

What the accounts disclose

Reserves policy: reserve amount for unexpected site maintenance costs and costs incurred, including redundancies, should the Charity need to be wound down (held: £214k)
The Trustees have a policy for keeping a reserve amount which may be needed for any unexpected site maintenance costs and the costs incurred, including redundancies, should the Charity need to be wound down. — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees received payment for their children's nursery attendance at standard rates.
In the year ended 31 March 2025, amounts were received from 7 trustees totalling £26,847 (2024: £33,265) for payment for their children to attend the nursery. These services were charged at the same rate as other users of the service. — page 25
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Galloways Accounting. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.2m
Total spending
£1.2m
Cost of raising funds
£8k
Reserves (reported)
£214k
Employees
52

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

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Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: West Sussex

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.2m
31/03/2024£999k£982k
31/03/2023£942k£965k
31/03/2022£960k£895k
31/03/2021£746k£759k

Common questions

Is WAKOOS CENTRE4CHILDREN LTD financially healthy?

The accounts state that the charity reported a deficit of £42,459 for the year ended 31 March 2025, driven by increased salary costs and inflation. Despite the deficit, the trustees report that unrestricted reserves stand at £214,144, which they consider sufficient to cover at least two months of outgoings. Its FY2025 accounts were audited by Galloways Accounting.